EIN 59-0624420

Penney Retirement Community (PRC)

IRS 501(c) type
501(c)(3)
Num. employees
332
State
Year formed
1965
Most recent tax filings
2024-06-01
Description
Penney Retirement Community is a thriving, Christian, 55+, continuing care retirement community. Since 1926, they've offered an extraordinary retirement experience with warm, Christian friendships, countless activities, and beautiful home choices.
Total revenues
$20,107,371
2024
Total expenses
$20,321,950
2024
Total assets
$67,127,533
2024
Num. employees
332
2024

Program areas at PRC

The organization provides housing health care and other related services through the operation of a Retirement Community. The Community includes 310 apartments, cottages and homes, a 10-bed memory care center, 55 independent living units offering assistive services and a licensed skilled nursing center with a capacity of 50 residents. The Community also includes recreational amenities, including a nine-hole golf course, indoor swimming pool, fitness center, art studio, crafts facilities, libraries and dining facilities.

Grants made by PRC

GranteeGrant descriptionAmount
Penney Memorial ChurchSuppport for Full-Time Minister$22,000

Who funds Penney Retirement Community (PRC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ceila S Pratt TrustUnrestricted General$6,660
AmazonSmile FoundationGeneral Support$11

Personnel at PRC

NameTitleCompensation
Teresa ScottPresident and Chief Executive Officer$204,251
Tony VernonChief Operating Officer and Chief Nursing Officer$101,234
Beth A McAnallyChief Financial Officer$89,530
Ron ColemanFirst Vice Chair$0
Evelyn "Dolly" HillmanSecretary$0
...and 7 more key personnel

Financials for PRC

RevenuesFYE 06/2024
Total grants, contributions, etc.$618,526
Program services$19,202,223
Investment income and dividends$279,363
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,259
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,107,371

Form 990s for PRC

Fiscal year endingDate received by IRSFormPDF link
2024-062024-10-28990View PDF
2023-062024-03-14990View PDF
2022-062023-05-15990View PDF
2021-062021-11-12990View PDF
2020-062021-02-22990View PDF
...and 10 more Form 990s
Data update history
December 21, 2024
Updated personnel
Identified 1 new personnel
October 21, 2024
Updated personnel
Identified 9 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $6,660 from Ceila S Pratt Trust
May 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesCharities
Issues
Human services
Characteristics
ChristianReligiousCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
PO Box 555
Penney Farms, FL 32079
Metro area
Jacksonville, FL
County
Clay County, FL
Website URL
penneyretirementcommunity.org/ 
Phone
(904) 284-5994
IRS details
EIN
59-0624420
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Independent
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